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BUSINESS

BUSINESS latest

Iraqi oil field worker in Basra
June 25th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Iraq rethinking its OPEC membership due to oil production limits

ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard. “Saudi Arabia and ​other OPEC allies should treat this matter with the utmost seriousness. Failing that, Iraq will be compelled to consider all available options,” a senior Iraqi oil ⁠ministry official told Reuters. Iraq’s economy ...
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Director of Halal Love‎ Assad Fouladkar at Arab Film Festival Australia opening night in Sydney.
July 24th, 2016 - 05:29 GMT

Etihad Airways supports Arab Film Festival Australia

Gulf Bank
July 24th, 2016 - 05:15 GMT

Gulf Bank announces the winners of the Al Danah Daily Draws for the week of 10 July – 14 July 2016

Crowne Plaza Jordan Dead Sea Resort and Spa
July 24th, 2016 - 05:02 GMT

Crowne Plaza Jordan Dead Sea Resort and Spa named Jordan’s Recipient of Luxury Resort Spa Award 2016

Government services are moving online to better understand big data. (Shutterstock)
July 24th, 2016 - 05:00 GMT

Government services increasingly digitized in MENA to collect big data

Labor Minister Sejaan Azzi. (AFP/File)
July 24th, 2016 - 04:00 GMT

Lebanon amends daily minimum wage law, activists protest

The new mobile app, which is based on a 1990s Nintendo game, has created a global frenzy as players roam the real world looking for cartoon monsters (AFP/Josep Lago)
July 21st, 2016 - 01:30 GMT

Motorist chases virtual Pokémon in viral game frenzy

The Alcatel Idol 4s with VR headset costs about 1799 AED. (Tbreak)
July 21st, 2016 - 01:00 GMT

Review: The News Alcatel Idol 4s

Economic growth in the country had been subdued ever since oil prices fell from record highs two years ago. (File photo)
July 21st, 2016 - 12:00 GMT

Bahrain's full foreign ownership move to boost property market

Egypt's rail authority is facing significant losses. (Shutterstock)
July 21st, 2016 - 11:00 GMT

Egypt’s rail authority expects EGP 4.5 billion loss for 2016/17

Saudi tourists are the target market for a new tourism and hotel-booking site. (AFP/File)
July 21st, 2016 - 10:00 GMT

Online hotel-booking site launched with special focus on Saudi travelers

While the value of the Turkish lira has dropped, banks remain stable. (AFP/File)
July 21st, 2016 - 09:00 GMT

Turkey takes steps to reassure international investors in wake of failed coup

During the event
July 21st, 2016 - 08:05 GMT

du prepaid customer becomes an instant millionaire

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